Landon Cassill is set to be the first NASCAR driver in history to be paid entirely in cryptocurrency.
Cassill has just accepted a 19-race deal with cryptocurrency brokerage platform Voyager and will be paid 100% in cryptocurrency.
Voyager will pay Landon’s new sponsor deal in the form of Litecoin and Bitcoin.
CEO of Voyager Steve Ehrlich went on record to say that “Landon shares our vision of widespread crypto adoption, and we’re proud to be the first company to secure a primary NASCAR sponsorship completely with crypto”.
Will we see more NASCAR drivers and athletes accept Cryptocurrency for a salary in the future?
Many experts believe, yes!
— TheStreet (@TheStreet) June 17, 2021
“I’m thrilled to be partnering with Voyager – they make it simple for anyone to participate in the crypto market.”
— Voyager (@investvoyager) June 17, 2021
The Associated Press broke the story and shared these details:
Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend.
Voyager, a cryptocurrency brokerage platform, reached a 19-race deal to sponsor Cassill in the Xfinity Series in his JD Motorsports entry. Voyager will pay the funds in Litecoin to Cassill, who has been avid in the market for several years.
Cassill first met Voyager CEO Steve Ehrlich at a crypto conference two years ago when Cassill was speaking on a panel. He’d been pitching the sponsorship idea ever since.
“Landon Cassill’s focus and determination on the race track translates across everything he does,” said Ehrlich. “Landon also shares our vision of widespread crypto adoption, and we’re proud to be the first company to secure a primary NASCAR sponsorship completely with crypto.”
Would you take your paycheck in the form of crypto? @landoncassill is now the first @NASCAR driver to accept Litecoin as his paycheck, partnering with @investvoyager and @Ehrls15 to deliver his entire salary in crypto. $LTC $BTC #Bitcoin pic.twitter.com/jjPaIQ6Roa
— Power Lunch (@PowerLunch) June 18, 2021
The Street got the scoop too:
n a new 19-race deal with the Voyager crypto brokerage, Landon Cassill will be paid solely in cryptocurrency. The partnership marks the first deal of its kind in Nascar, giving Cassill compensation in a portfolio of assets that is largely comprised of Bitcoin and Litecoin.
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Cassill has been involved in the crypto industry for several years and met the Voyager CEO, Steve Ehrlich, at a conference two years ago where Ehrlich first pitched the idea.
Ehrlich said that Cassill shares common interest in cryptocurrency and believes in future adoption.
“Landon Cassill’s focus and determination on the race track translates across everything he does. Landon also shares our vision of widespread crypto adoption, and we’re proud to be the first company to secure a primary NASCAR sponsorship completely with crypto.”
— Voyager (@investvoyager) June 18, 2021
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